bison benchmark study cost of production results 2009 – 2010 production cycle
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BISON BENCHMARK STUDY Cost of Production Results 2009 – 2010 Production Cycle. Gerard Woynarski Terry Kremeniuk November 21, 2011. AGENDA FOR TODAY. Project Objectives Producer Categories Data Collection Process Administrative Process What we Learned Next Steps. PROJECT OBJECTIVES. - PowerPoint PPT PresentationTRANSCRIPT
BISON BENCHMARK STUDYBISON BENCHMARK STUDYCost of Production ResultsCost of Production Results
2009 – 2010 Production Cycle 2009 – 2010 Production Cycle
Gerard WoynarskiGerard Woynarski
Terry KremeniukTerry Kremeniuk
November 21, 2011November 21, 2011
AGENDA FOR TODAYAGENDA FOR TODAY
Project ObjectivesProject Objectives Producer CategoriesProducer Categories Data Collection ProcessData Collection Process Administrative ProcessAdministrative Process What we LearnedWhat we Learned Next StepsNext Steps
PROJECT OBJECTIVESPROJECT OBJECTIVES Develop Performance and Production Develop Performance and Production
BenchmarksBenchmarks Producer Measurement Against BenchmarkProducer Measurement Against Benchmark Use Results to Improve PracticesUse Results to Improve Practices Policy and Program DevelopmentPolicy and Program Development Information to Assist Financing and Information to Assist Financing and
Investment Decision MakingInvestment Decision Making ComputerizeComputerize
PROCESSPROCESS
Sask. Agriculture FundingSask. Agriculture Funding Advisory CommitteeAdvisory Committee Engage people to collect dataEngage people to collect data Identification of Participants Identification of Participants Collect, Analyze, and Report DataCollect, Analyze, and Report Data Share Data with ParticipantsShare Data with Participants Communicate Data Communicate Data Repeat Data CollectionRepeat Data Collection Share, Communicate and Repeat Share, Communicate and Repeat Institutionalize Institutionalize
PRODUCER CATEGORIESPRODUCER CATEGORIES # of # of
ParticipantsParticipants
Cow-calf producersCow-calf producers 1717 Under 100 Under 100 100 plus100 plus
BackgroundersBackgrounders 16 16 Under 100Under 100 100 Plus100 Plus
FinishersFinishers 11 11 Under 100Under 100 100 Plus100 Plus
DATA COLLECTEDDATA COLLECTED
Herd ProfileHerd Profile Production Program/Time FramesProduction Program/Time Frames Production CostsProduction Costs Assumptions/Worksheets Assumptions/Worksheets Investment requirementsInvestment requirements Finished Bison ResultsFinished Bison Results
QUESTIONS ADDRESSEDQUESTIONS ADDRESSED Bison Production Performance Variables AssessedBison Production Performance Variables Assessed
Calving PercentageCalving Percentage Birth DatesBirth Dates Weaning Dates and WeightsWeaning Dates and Weights Finishing Time Frame and WeightsFinishing Time Frame and Weights Daily gainsDaily gains Cost Per Pound of GainCost Per Pound of Gain Slaughter Weights Slaughter Weights YieldYield
What are Basic Capital RequirementsWhat are Basic Capital Requirements
Cow-CalfCow-Calf <100 >100<100 >100
Number of Farms:Number of Farms: 8 8 9 9Av # of CowsAv # of Cows 52 227 52 227Av # of BullsAv # of Bulls 4 14 4 141. Operating Costs (Per Head)1. Operating Costs (Per Head) Total Feed Costs:Total Feed Costs: $371 $308$371 $308 Total Other Optg Costs Total Other Optg Costs $254 $158$254 $158 Total Optg Cost Total Optg Cost $631 $492$631 $4922. Fixed Costs (Depreciation)2. Fixed Costs (Depreciation) $144$144
$ 60$ 603. Labor3. Labor $ 7 $ 8$ 7 $ 8
Total Cost of ProductionTotal Cost of Production $782 $560$782 $560
Cow-CalfCow-Calf <100<100 >100>100
Calving Rate %Calving Rate % 88.9 87.3 88.9 87.3
Av Wean Weight – BullsAv Wean Weight – Bulls 517 496 517 496
Av Wean Weight – HeifersAv Wean Weight – Heifers 466 466 449449
Av Days from Birth to Wean 293 259 Av Days from Birth to Wean 293 259
Mortality % in Cow HerdMortality % in Cow Herd 0.50 2.05 0.50 2.05
Av Net Return Per CowAv Net Return Per Cow $355 $430 $355 $430
Capital costs per head $8194 $4068Capital costs per head $8194 $4068
Backgrounding - Heifers:Backgrounding - Heifers:
<100 >100<100 >100
Number of Farms:Number of Farms: 4 4 3 3
Avg # of BackgroundersAvg # of Backgrounders 66 66 136 136
1. Operating Costs (Per Head)1. Operating Costs (Per Head) Total Feed Costs:Total Feed Costs: $182 $182 $123$123 Total Other Optg Costs (Incl int.)Total Other Optg Costs (Incl int.) $661 $661 $665$665 Total Optg Cost (Incl Death Loss)Total Optg Cost (Incl Death Loss) $849 $849 $791$791
2. Fixed Costs (Depreciation)2. Fixed Costs (Depreciation) $ 28 $ 28 $ 27$ 27
3. Labor3. Labor $ 5$ 5 $ 4 $ 4
Total Cost of ProductionTotal Cost of Production $882 $882 $822$822
Backgrounding - HeifersBackgrounding - Heifers<100 >100<100 >100
Number of Farms:Number of Farms: 4 4 3 3
Avg # of BackgroundersAvg # of Backgrounders 66 66 136 136
Avg Wt of Pur. & RetainedAvg Wt of Pur. & Retained 467 470 467 470
Avg Shipping Weight (lbs)Avg Shipping Weight (lbs) 717 667 717 667
Mortality Rate %Mortality Rate % 1.17 0.411.17 0.41
Days on Grass &/or FeedersDays on Grass &/or Feeders 164 172 164 172
Av Daily Gain (lb/day)Av Daily Gain (lb/day) 1.53 1.101.53 1.10
Av Total Cost Per lb GainedAv Total Cost Per lb Gained $1.12 $1.06 $1.12 $1.06
Av Feed Cost Per lb GainedAv Feed Cost Per lb Gained $0.75 $0.60 $0.75 $0.60
Av Net Return Per HeadAv Net Return Per Head $281 $281 $151 $151
Capital Costs Per HeadCapital Costs Per Head $1279 $1279 $1106 $1106
Backgrounding - BullsBackgrounding - Bulls
<100 >100<100 >100
Number of Farms:Number of Farms: 3 3 6 6
Avg # of BackgroundersAvg # of Backgrounders 69 69 139 139
1. Operating Costs (Per Head)1. Operating Costs (Per Head) Total Feed Costs:Total Feed Costs: $ 140 $ 140 $146$146 Total Other Optg Costs (Incl int.)Total Other Optg Costs (Incl int.) $ 941 $ 941 $744$744 Total Optg Cost (Incl Death Loss)Total Optg Cost (Incl Death Loss) $1088 $1088 $893$893
2. Fixed Costs (Depreciation)2. Fixed Costs (Depreciation) $ 29 $ 29 $ 27$ 27
3. Labor3. Labor $ 0$ 0 $ 3 $ 3
Total Cost of ProductionTotal Cost of Production $1117 $1117 $923$923
Backgrounding – Bulls Backgrounding – Bulls <100 >100<100 >100
Number of Farms:Number of Farms: 3 6 3 6
Av # of BackgroundersAv # of Backgrounders 69 139 69 139
Avg Wt of Pur. & RetainedAvg Wt of Pur. & Retained 593 494 593 494
Avg Shipping Weight (lbs) 862 721Avg Shipping Weight (lbs) 862 721
Mortality Rate %Mortality Rate % 0.64 0.49 0.64 0.49
Days on Grass &/or FeedersDays on Grass &/or Feeders 165 163 165 163
Av Daily Gain (lb/day) 1.65 1.36Av Daily Gain (lb/day) 1.65 1.36
Av Total Cost Per lb GainedAv Total Cost Per lb Gained $1.65 $1.09 $1.65 $1.09
Av Feed Cost Per lb GainedAv Feed Cost Per lb Gained $0.92 $0.67 $0.92 $0.67
Av Net Return Per HeadAv Net Return Per Head $316 $316 $274 $274
Av Capital Costs Per HeadAv Capital Costs Per Head $1037 $1037 $1025 $1025
Finishing - Heifers:Finishing - Heifers:
<100<100
Number of Farms:Number of Farms: 3 3
Avg # of FeedersAvg # of Feeders 68 68
1. Operating Costs (Per Head)1. Operating Costs (Per Head) Total Feed Costs:Total Feed Costs: $ 285$ 285 Total Other Optg Costs (Incl int.)Total Other Optg Costs (Incl int.) $ 783$ 783 Total Optg Cost (Incl Death Loss)Total Optg Cost (Incl Death Loss) $1072$1072
2. Fixed Costs (Depreciation)2. Fixed Costs (Depreciation) $ 72$ 72
3. Labor3. Labor $ 37 $ 37
Total Cost of ProductionTotal Cost of Production $1181$1181
Finishing - Heifers Finishing - Heifers <100<100
Number of Farms:Number of Farms: 3 3
Av # of FeedersAv # of Feeders 68 68
Avg Pur Wt of Feeders (lbs)Avg Pur Wt of Feeders (lbs) 502 502
Avg Shipping Wt at Farm (lbs)Avg Shipping Wt at Farm (lbs) 887 887
Mortality Rate %Mortality Rate % 0.80 0.80
Shrinkage %Shrinkage % 4.59 4.59
Dressing % at PlantDressing % at Plant 61.30 61.30
Dressing % Feedlot to CarcassDressing % Feedlot to Carcass 58.53 58.53
Days of FeedDays of Feed 260 260
Av Daily Gain (lb/day)Av Daily Gain (lb/day) 1.51 1.51
Av Total Cost Per lb GainedAv Total Cost Per lb Gained $1.51 $1.51
Av Feed Cost Per lb GainedAv Feed Cost Per lb Gained $0.76$0.76
Av Net Return Per HeadAv Net Return Per Head $166 $166
Av Capital Costs Per HeadAv Capital Costs Per Head $4074 $4074
Finishing - Bulls:Finishing - Bulls:
<100 >100<100 >100
Number of Farms:Number of Farms: 4 4 44
Avg # of FeedersAvg # of Feeders 77 77 381381
1. Operating Costs (Per Head)1. Operating Costs (Per Head) Total Feed Costs:Total Feed Costs: $ 342 $ 342 $ 324$ 324 Total Other Optg Costs (Incl int.)Total Other Optg Costs (Incl int.) $1154 $1154 $ 958$ 958 Total Optg Cost (Incl Death Loss)Total Optg Cost (Incl Death Loss) $1500 $1500 $1294$1294
2. Fixed Costs (Depreciation)2. Fixed Costs (Depreciation) $ 81 $ 81 $ 39$ 39
3. Labor3. Labor $ 8$ 8 $ 18 $ 18
Total Cost of ProductionTotal Cost of Production $1589 $1589 $1351$1351
Finishing - Bulls Finishing - Bulls <100 >100<100 >100
Number of Farms:Number of Farms: 4 4 4 4
Av # of FeedersAv # of Feeders 77 381 77 381
Av Purchase Wt of Feeders (lbs) 636 685Av Purchase Wt of Feeders (lbs) 636 685
Av Shipping Wt at Farm (lbs)Av Shipping Wt at Farm (lbs) 1066 1037 1066 1037
Mortality Rate %Mortality Rate % 0.73 1.45 0.73 1.45
Shrinkage %Shrinkage % 4.49 3.03 4.49 3.03
Dressing % at PlantDressing % at Plant 61.95 59.19 61.95 59.19
Dressing % Feedlot to CarcassDressing % Feedlot to Carcass 59.15 56.75 59.15 56.75
Days on FeedDays on Feed 244 196 244 196
Av Daily Gain (lb/day)Av Daily Gain (lb/day) 1.76 1.80 1.76 1.80
Av Total Cost Per lb GainedAv Total Cost Per lb Gained $1.51 $1.51 $1.45$1.45
Av Feed Cost Per lb GainedAv Feed Cost Per lb Gained $0.84 $0.84$0.92$0.92
Av Net Return Per HeadAv Net Return Per Head $350 $350 $185 $185
Av Capital Costs Per HeadAv Capital Costs Per Head $3590 $1220 $3590 $1220
NEXT STEPSNEXT STEPS
Identify More Producers Identify More Producers Continue Data CollectionContinue Data Collection AdjustAdjust Share Progress & InformationShare Progress & Information Repeat Again Next YearRepeat Again Next Year
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